Wednesday, April 27, 2016

Today's Stock Market (2016.04.27)

Daily Analysis
Dow, NASDAQ, and S&P by closing time (5:16pm ET)
Dow and NASDAQ throughout trading hours (5:16pm ET)
  • Dow closed with 18041.55 points, which was 0.28% higher and 51.23 points more than yesterday's closing time.
  • Nasdaq closed with 4863.14 points, which was 0.51% lower and 25.14 points less than yesterday.
  • S&P500 closed with 2095.15 points, which was 0.16% higher and 3.45 points higher than yesterday.
  • WTI Crude Oil prices have achieved an new 2016 high, soaring above $45 per barrel.
    • $45.28 per barrel (6:16pm ET)
International/U.S. market
  • Unlike the other two indexes, NASDAQ suffered alone today as Apple (AAPL) and Twitter (TWTR) stocks plunged as they released their quarter reports today.
  • Federal Reserve has announced that they are fixing their key interest rate from 0.25~5%, mainly because U.S. and world economy wasn't doing that well.
  • Oil prices soared around 3% today, going over $45 per barrel and achieving a new 2016 high. 
  • U.S. Dollar went bearish as Federal Reserve announced that they will freeze the key interest rate. The Dollar Index reached 94.39, which was 0.12% lower than yesterday.
  • European Market continued to rise from yesterday, and it was mainly the energy industry that made the market bullish. British FTSE100 rose 0.56% higher, French CAC40 rose 0.58%, and German DAX rose 0.39%.
Company Analysis
  • Apple (AAPL) stocks plunged today as they revealed their quarter report, which showed that their revenue has dropped for the first time in 13 years. One of the major reasons of this was the failure of iPhone 6S, which sold 10 million fewer than last quarter. Apple stocks fell 6.27% today.
  • Twitter (TWTR) stocks also plunged today as they posted their quarter reports, which showed that Revenue Growth was lagging. Twitter stocks fell 16.28% today.
  • As oil price reached its new 2016 high today, oil and energy stocks soared today. Chesapeake Energy Corp (CHK) rose 8.18% today, and National Oilwell Varco Inc (NOV) rose 7.93%.

Monday, April 25, 2016

Today's Stock Market (2016.04.25)

Daily Analysis
Dow, Nasdaq, and S&P by closing time (4:40pm ET)
Dow and Nasdaq throughout trading hours (4:40pm ET)
  • Dow closed with 17977.24 points today, which was 26.51 points less and 0.15% lower than last week Friday.
  • NASDAQ closed with 4895.79 points today, which was 10.44 points less and 0.21% lower than last week Friday.
  • S&P500 closed with 2087.79 points, which was 3.79 points less and 0.18% lower than last week Friday.
  • WTI Crude oil prices were $42.64 per barrel, which were 1.09 dollars (2.5%) lower than last week.
International/U.S. Market
  • Overall U.S. market declined today as oil prices plunged and business cycle indicator did not meet up to the expectations of the market.
  • Oil prices plunged today, mainly because U.S. crude oil stocks have increased.
  • European market continued to fall for four straight days as oil price plunged and bank stocks went down due to worries about their quarterly earnings. British FTSE100 dropped 0.78%, French CAC40 dropped 0.52%, and German DAX dropped 0.76%.
Company analysis
  • GoPro (GPRO) stocks plunged 8.3% as Pacific Crest expects longer-term downside given weakness in action cameras.
  • McDonald's (MCD) stocks rose 1.56% as Suntrust Robinson Humphrey analysts said the fast food sector will outperform this quarter.
  • Time Warner Cable (TWC) stocks surged 4.06% as DOJ approved charter deal.

Friday, April 22, 2016

Today's Stock Market (2016.04.22)

Daily Analysis
Dow, Nasdaq, and S&P by closing time (4:21pm ET)
Dow and Nasdaq throughout trading hours (4:46pm ET)

  • Dow closed with 18003.75 points, which was 21.23 points more and 0.12% higher than yesterday's closure.
  • NASDAQ closed with 4906.23 points, which was 39.66 points less and -0.8% lower than yesterday's closure.
  • S&P500 closed with 2091.58 points, which was 0.1points more and 0% higher than yesterday's closure.
  • Oil price rose higher than $43 per barrel
    • $43.74 per barrel (4:20pm ET)
U.S./International Market
  • While Dow and S&P500 rose today due to increase in oil prices; energy index rose 1.33% today. 
  • In contrast to Dow and S&P, NASDAQ continued to drop as technology sector goes into a slump. Technology index dropped 1.47%.
  • Oil prices soared as the supply of crude oil seemed to decrease and the demand for oil started to retrieve balance with the supply. WTI crude oil prices soared 8% only in this week.
  • European Market continued to decline from yesterday, especially in automobile industry. England's FTSE100 dropped 1.11%, French CAC40 dropped 0.29%, and German DAX dropped 0.6% compared to yesterday's closure.
    • In Europe's automobile sector, which is one of the main reason of decline, Daimler AG stocks tumbled on diesel emission review, and other automobile companies like Volkswagen and PSA Peugeot also dropped in share prices.
  • International gold prices tumbled as US Dollar went bullish. Gold prices dropped 1.6% than yesterday. Silver prices also dropped 1.1%.
Company Analysis
  • Overall technology sector was doing poorly today.
    • Google (GOOG) shares dropped 5.32% today.
    • Microsoft (MSFT) shares dropped 7.17% today.
  • On the contrast, energy and oil sector showed great performance today as oil price soared 8% this week
    • Southwestern Energy (SWN) stocks rose 15% as their first quarter loss was much narrower than they expected.
    • Murphy Oil Corp (MUR) also rose 6.42% as they show great performance and solid earnings.

Wednesday, April 20, 2016

Today's Stock Market (2016.04.20)

Daily Analysis
Dow, Nasdaq, and S&P by closing time (5:16pm ET)
Dow and Nasdaq throughout trading hours (4:33pm ET)

  • Dow closed with 18092.27 points, which was 0.24% higher than yesterday and highest since last year July.
  • Nasdaq closed with 4948.13 points, which was 0.16% higher than yesterday.
  • S&P500 closed with 2102.40 points, which was 0.07% higher than yesterday.
  • Oil prices reached 2016 high, going over $43 per barrel
    • $43.80 per barrel (6:26pm ET)
International/U.S. Markets
  • The oil price, which hit its highest price of 2016, caused the market rise today. Crude oil prices increased after the U.S. inventory check showed that the increase in stock of crude oil was much smaller than expected; crude oil stocks increased 2100000 barrels, which was much lower than API's expectation of 3100000 barrels.
  • International silver prices maintained its incline from yesterday, continuing to break the 11 month high since last year May. Silver prices has jumped 5% this week.
  • Gold prices finished at $1254.4, which was $0.1 higher than yesterday's price.
  • European market continued its incline for 4 days due to rising oils and bank stock shares. England's FTSE100 rose 0.08%, French CAC40 rose 0.56%, and German DAX rose 0.69%.
Corporate Analysis
  • Coca-Cola (KO) shares plunged 4.79% as they released their quarter report, which indicated that their classic soft drink line was doing bad compared to other product lines.
  • As oil price rose, oil stocks also experienced huge incline.
    • Chesapeake Energy Corp (CHK) rose 4.9% today.
    • Chevron (CVX) rose 1.18% today and rose 4.19% for the past five days.

    Tuesday, April 19, 2016

    Today's Stock Market (2016.04.19)

    Daily Analysis
    Dow, Nasdaq, and S&P500 by closing time (5:46pm ET)
    Dow and Nasdaq throughout trading hours (4:44pm ET)

    • Dow and S&P closed higher than yesterday, and Nasdaq closed lower than yesterday.
      • Oil prices and raw material prices went higher, but the IT industry was performed very badly.
        • That was also the reason why only Nasdaq closed lower than yesterday.
    • Oil price soared up to $41 per barrel
      • $40.96 per barrel (5:07pm ET)
    • Market started with an incline as raw material prices and oil prices soared, but in the middle IT companies like Netflix and IBM stocks plunged, causing the overall indexes to collapse.
    International/U.S. Economy
    • Oil prices continued to soar up as production decreased because of strike in Kuwait and fire in Nigeria's oil pipe.
    • European Market was bullish as oil price soar and companies released better earnings. English FTSE100 rose 0.82%, German DAX rose 2.27%, and French CAC 40 rose 1.32%.
    • US Dollar turned bearish due to poor economic barometers, which may lead to lowering standard interest. Dollar index dropped 0.54% today.
    Individual Analysis
    • Netflix (NFLX) shares dropped 12.97% as they released their quarter reports with disappointing international subscriber growth, which added only 4.5 million subscribers abroad.
    • IBM (IBM) shares also plunged as they released their quarter report with lower net profit, which dropped from $2.3 billion to $2 billion.
    • Illumina (ILMN) shares plunged 23.16% as the company warned that it would miss on first quarter revenue and lowered revenue estimates for the full year.

    Monday, April 18, 2016

    Today's Stock Market (2016.04.18)

    Daily Analysis
    Dow, Nasdaq, and S&P by closing time (5:16pm ET)
    Dow and Nasdaq throughout trading hours (4:48pm ET)
    • All three indexes finished higher than last week.
      • All three indexes were consistent and stable throughout trading hours
      • Dow has topped over 18000 points since last year July
    • Oil has dropped below $40 but it has recovered back nearly $40
      • $39.99 per barrel (6:15pm ET)
    International/U.S. Economy
    • The meeting between top oil producing countries that was held at Doha has failed to reach an agreement to freeze oil output. Due to this, oil has plunged to $36 per barrel, but it recovered as the oil production of Kuwait dropped more than 60% due to the strike of oil companies.
    • Despite the failure of reaching agreements in Doha, the market was bullish as companies release quarter reports with great earnings.
    • As oil price recovers from the plunge during the weekend, European Market has also recovered. England's FTSE 100 rose 0.15%, France's Euronext 100 rose 0.18%, and Germany's DAX rose 0.68%.
    Individual Analysis
    • Hasbro (HAS) stocks rose 5.79% as they released their strong first-quarter earnings result. Sales ros16% (or 20% after adjusting for exchange-rate swings) and net income bounced 82% higher as bottom line profitably expanded to 5.7% of sales from 3.7% a year ago.
    • Disney (DIS) stocks rose 2.93% and rose 5.41% for five days. This is due to their new movie "Jungle Book", which is on its way to $100 million launch rally.
    • Netflix (NFLX) has also released their first quarter report today, which showed solid results but disappointing international growth, causing their shares to drop 2.79% today.

    Thursday, April 14, 2016

    Today's Stock Market (2016.04.14)

    Daily Analysis
    Dow, Nasdaq, and S&P by closing time (5:16pm ET)
    Dow and Nasdaq throughout trading hours (4:38pm ET)

    • Dow and S&P closed higher than yesterday, and Nasdaq closed lower than yesterday.
      • All three indexes were unstable throughout trading hours, and it gradually increased until middle of the day and then started declining until closing hours.
      • Although Nasdaq closed lower than yesterday, it wasn't a major crash.
    • Oil continued to stay around $41 per barrel
      • $41.36 per barrel (6:12pm ET)
    International/U.S. Economy
    • Permex, Mexico's state owned giant oil company is suffering from cheap oil prices. The situation is so bad that the Mexican government had to spend $4.4 billion to aid the company.
    • While oil prices were a consistent issue throughout 2016, investors are concentrating on the meeting between World's major oil producers at Doha. Producers would have to choose if they will freeze oil production or not, and depending on the decision, the oil price would continue to rise or dramatically decline.
    • The number of application for H-1B visa, or visa for highly-skilled foreigners, have reached a new record of 236,000. This is 3000 more than 2015, and significantly more than 172,500 of 2014. 
    Individual Analysis
    • Seagate Technology PLC (STX), a company that manufactures hard discs for computers, plunged 20.10% today as they released their preliminary third-quarter results which lowered expectations for both revenue and gross margin.
    • Chipotle (CMG) stocks rose 2.55% today. Different factors were involved, including the company's different efforts to bring back customers and their stocks being upgraded by JPMorgan.
    • As oil stocks continue to recover, stocks related with oil production are inclining. Exxon Mobil (XOM) rose 0.71% today and rose 3.71% for the last five days.

    Wednesday, April 13, 2016

    Today's Stock Market (2016.04.13)

    Daily Analysis
    Dow, Nasdaq, and S&P by closing time (5:16pm ET)
    Dow and Nasdaq throughout trading hours (5:16pm ET)

    • All three indexes closed higher than yesterday, continuing the incline
      • All three indexes jumped drastically in the beginning, and they stayed consistent
    • Oil prices slightly declined than yesterday's $42 per barrel
      • $41.57 per barrel (8:34pm ET)
    International/U.S. Economy
    • Argentina has finally got out of their national default which lasted for 15 years. They are now gearing up for one of the biggest bond sales for a developing country.
    • Retail sails in the U.S. has dropped 0.3% at March compared to February, according to the Commerce department. This is a red light for the U.S. economic growth.
    • IMF is currently warning about the global economic growth this year. IMF has lowered their expected world wide growth from 3.4% to 3.2%, and this is only 0.1% above last year's expectation.
    Individual Analysis
    • Financial sector overall faced incline today. Goldman Sachs (GS) increased 3.59% today, and Bank of America (BAC) experienced 3..92% growth. JPMorgan Chase (JPM) increased 4.23%, and Citigroup (C) increased 5.61%.
    • Amazon (AMZN) stocks continued to increase and reached higher than $610 per shares. Amazon stocks rose 1.93% today.
    • Tesla (TSLA) has recovered 2.7% today compared to yesterday, but it is not sure if it will continue to recover.

    Tuesday, April 12, 2016

    Today's Stock Market (2016.4.12)

    Daily Analysis
    Dow, Nasdaq, and S&P by closing time (4:03pm ET)
    Dow and Nasdaq throughout trading hours (4:03pm ET)

    • All three indexes finished higher than yesterday
      • There was a short decline and a sudden incline, but after that the indexes were stable throughout the day
    • Oil prices recovered back to $42 per barrel, setting a new 2016 high
      • $42.16 per barrel (3:17pm ET)

    International/U.S. Economy

    • Oil prices have recorded a new high for 2016 today as rumors say that Russia and Saudi Arabia has reached an deal to freeze oil output.
    • Researches done by Rhodium group and the National Committee on U.S.-China relations show that direct investment by China in the U.S. has reached $30 billion in 2016.
      • That's double last year's record, which was $15 billion
    • E.U. has proposed a new rule that would force large, multinational companies that are present in E.U. to report how much money they make and how much tax they pay, including in each European company and their tax havens. Companies would have to provide a summary about how much tax do they pay in other parts of the world.
    Individual Analysis
    • Tesla Motors (TSLA) stocks continued to drop as they recall their new Model X for defective third row seats. Tesla Stocks experienced a 3.1% drop at Thursday, 04.07, and they experienced a 0.85% drop today.
    • Netflix (NFLX) stocks rose 4.19% today as Cantor Fitzgerald analysts said the online video streaming provider is set to deliver solid subscriber growth for the 2016 first quarter, despite a maturing U.S. market.
    • Marathon Oil Corp (MRO) experienced a 12.43% rise today as the company reached agreements to sell non-core assets for $950 million, bringing its total sales from divestitures to roughly $1.3 billion since last year.

    Thursday, March 31, 2016

    On break!

    Hey guys, I'm at Korea right now because of spring break and because of the time difference I can't really update my blog here. I'm coming back to the U.S. at 04.10.2016, so until then my blog won't be updated. I'll see you guys then.

    Friday, March 25, 2016

    Today's Stock Market (2016.03.25)-Market Holiday

    Daily Analysis

    • NYSE has closed today due to Good Friday.
    • Oil continues to stay around $39 per barrel
      • $39.46 per barrel (2016.03.24 end of the day)

    International/U.S. Economy

    • Saudi Aramco, the state oil company of Saudi Arabia, has recently announced a plan to buy the sprawling Port Arthur, Texas refinery. The facility is the largest refinery of U.S. and it can produce 600,000 barrels of oil per day.
    • A group of New York millionaires are telling the governor and the state law makers to raise the tax for them and use it to help the poor. The group released an message that urged the passage of "1% plan for New York tax fairness".
    • The terror on Brussel, Belgium has not only taken people's lives, but it also affected the European economy. Brussel was the center of political gravity of E.U., and its importance to E.U. is similar to that of Washington D.C. and U.S..
    • Although the stock market is rebounding back, investors are still betting huge amount of money in gold. According to Bank of America Merrill Lynch, $13.4 billion was poured into gold assets for the past 11 weeks. This is the largest weekly inflow for gold since the economic crisis of 2009. 
      • Gold is a safe asset which would maintain its value even during an economic crisis, and investors are still concerned about how the market was crashing early 2016.

    Thursday, March 24, 2016

    Today's Stock Market (2016.03.24)

    Daily Analysis
    Dow, Nasdaq and S&P by closing time (5:16pm ET)
    Dow and Nasdaq throughout trading hours (4:33pm ET)

    • Dow and Nasdaq managed to close higher than yesterday, but S&P couldn't fully recover
      • In the beginning of the market, all three indexes experienced a huge crash
      • influenced by the drop in oil prices
    • Oil price drops below $40 per barrel
      • $39.59 per barrel (12:00am ET)
    International/U.S. Economy
    • China's foreign takeover has set off an alarm in the United States. State owned ChemChina has announced a $43 billion deal to buy Switzerland's Syngenta, which is a giant seed and pesticide company. However, U.S. senate and farmers are alarmed by this because they run researches and production facilities.
    • The oil seems to be doing well; last week it had finally went over $40 per barrel. However, according to the latest EIA report, the oil remains to be oversupplied, and the future does not seem bright for the oil price.
    • The federal reserve might raise rates starting from this April; St. Louis Fed President James Bullard has told that they might have a raise in April.
    Individual Analysis
    • Tesla (TSLA) stocks are on attention as the reveal of Model 3, their new lineup of cars, is just a week away. The company has been doing greatly since it has hit its low in February as oil prices started to rebound recently. Tesla shares experienced a 2.37% incline today.
    • Office Depot (ODP) stocks rose 9% as U.S. District judge criticized Trade Commission's attempt to stop a merger between Office Depot and Staples (SPLS).
      • Staples Stocks have also increased 14% today.
    • Energy companies like Williams Companies (WMB) have dropped as oil prices continued to drop today. Williams Companies have experienced a 5.6% drop today.

    Tuesday, March 22, 2016

    Today's Stock Market (2016.03.22)

    Daily analysis
    Dow, Nasdaq, and S&P by closing time (4:47pm ET)
    Dow and Nasdaq throughout trading hours (4:47pm ET)

    • All three indexes were very unstable throughout the day
      • Dow and S&P closed lower than yesterday, and Nasdaq closed slightly higher than yesterday.
      • The market was affected by oil prices, which was lower than yesterday.
    • Oil price continued to rebound over $40 per barrel
      • $41.35 per barrel (4:35pm ET)
    International/U.S. Economy
    • In just 5 weeks, the stock market has experienced an unbelievable rebound. S&P 500 has rose 13% since its low at February 11. There were multiple reasons for this, including the rebound of oil prices and U.S. recession fears fading away, and Federal reserve tapping breaks on plans for raising interests.
    • Although the Chinese economy is slowing down, they are still a huge market. It turns out that Chinese tourism spent $215 billion abroad last year.
    • According to a research done by a business lobby group, Britain's exit from E.U. (Brexit) could cost 100 Billion pounds ($144 billion) and 950,000 jobs by 2020.
    Individual Analysis
    • Valeant Pharmaceuticals (VRX) has surged 10% as the company decides to abandon their previous CEO and appoint billionaire activist  Bill Ackman to the board.
    • Office Depot (ODP) stocks rose 9.72% today as rumors about Amazon (AMZN) is interested in buying their business.
    • Staples (SPLS) was marked as a Barbarian at the gate (Strong stocks crossing above resistance with today's range greater than 200%) due to various reasons including their average dollar volume, and their stocks have traded above its daily resistance level. Staples stocks surged 7.63% today.

    Friday, March 18, 2016

    Today's Stock Market (2016.03.18)

    Daily Analysis
    Dow, Nasdaq, and S&P by closing time (4:01pm ET)
    Dow and Nasdaq throughout trading hours (4:01pm ET)

    • All three indexes finished higher than yesterday
      • Indexes were slightly unstable throughout the day, but it didn't experience any sudden crashes or inclines.
    • Oil price slightly dropped under $40 per barrel
      • $39.33 per barrel (3:34pm ET)

    International/U.S. Economy

    • According to the London School of Economics, if Britain decides to leave the E.U. (Brexit), then it would cut the average household income by $1232 per year.
      • This would happen because when Britain exits E.U., then income from trading would decrease.
    • While other Latin American countries are suffering from depression, Peru is having a great time. The country's economy grew 3.3%, which is the highest among Latin American Countries.
    • While the NCAA Brackets are going on, it turns out that the amount of money that Americans would spend for this would be massive. According to the American Gaming Association, Americans would use around $9.2 billion for the NCAA brackets this year.
    Individual Analysis
    • Valeant Pharmaceuticals (VRX) continued crashing since last Tuesday when the company showed signs of default. At Tuesday the company's stock crashed more than 50%, and it crashed 9.2% today despite the CEO's Bankruptcy assurances.
    • Tesla Motors (TSLA) continued rising throughout the week as oil prices continued to rebound. It rose 2.81% today.
    • Amazon (AMZN) stocks continued to decline since Wednesday. Today it declined 1.31%. One of its reasons is because Apple (AAPL) decided to use Alphabet/Google (GOOGL)'s cloud platform instead of Amazon's web server.

    Thursday, March 17, 2016

    Today's Stock Market (2016.03.17)

    Daily Analysis
    Dow, Nasdaq, and S&P by closing time (5:16pm ET)
    Dow and Nasdaq throughout trading hours (4:33pm ET)

    • All three indexes finished higher than yesterday.
      • All three indexes were steadily inclining throughout the day, and they continued its rise from yesterday.
    • Oil price jumped up to $40 per barrel today
      • $40.34 per barrel (5:05pm ET)
    International/U.S. Economy
    • As oil price rebounds to $40 per barrel and U.S. economy continues to improve, the Dow has finally turned positive today. Dow has recovered around 2000 points since the start of the year.
    • The Irish economy is booming. Their economy has grown 7% since last year, and despite the financial crisis and the great recession that they had to face, their economy is growing rapidly.
    • It turns out that labor price at China isn't that cheap compared to the U.S. According to Oxford Economics, the average labor costs of China is only 4% cheaper than U.S. labor costs.
    Individual Analysis
    • Fedex (FDX) stocks surged 11.83% as they released their third quarter earnings report with good performances. The company's revenue increased 9% to 12.7 billion, and they showed earning of $2.51 per share, which was far better the expectation of $2.34 per share.
    • Energy stocks are continuing to rise as oil rebounds to $40 per barrel. Chesapeake energy (CHK) rose 9.11% today, and Exxon Mobil (XOM) rose 1.48%.
    • Chipotle (CMG) stocks were downgraded from "hold" to "underperform" by Jefferies as it's performance continued to decline due to the outbreak of E.Coli. Chipotle stocks declined 5.75% today during trading hours.

    Tuesday, March 15, 2016

    Today's Stock Market (2016.03.15)

    Daily Analysis
    Dow, Nasdaq, and S&P by closing time (5:16pm ET)
    Dow and Nasdaq throughout trading hours (4:33pm ET)

    • Dow closed higher than yesterday, Nasdaq closed lower and S&P remained the same as yesterday.
      • All three indexes faced an huge crash today morning, and while Dow and S&P managed to recover from this crash, Nasdaq couldn't fully recover.
    • Oil prices continued to drop; it dropped below $37 per barrel today.
      • $36.88 per barrel (6:41pm ET)
    U.S. and International Economy
    • If Britain decides to exit the E.U. (Brexit), then it would cost more for British travelers to travel among European air than it is right now.
    • Although China is facing its slowest growth in 25 years, the government is holding back from intervening to the market to improve its growth. As long as there aren't any major domestic/international economic crisis, the Chinese government would not interfere with their market.
    • The number of active oil and natural gas rigs inside the U.S. has plunged to the lowest level since 1949. This is a response to the plunging oil prices that has been going on since last year.
    Individual Analysis
    • Valeant Pharmaceuticals (VRX) plunged more than 50% (51.46%) today as the company could possibly go into a default.
    • Apple (AAPL) stocks jumped 2% as tracking information reveals that they may have sold 57 million units in the March quarter, which is far beyond the expected 50 million units.
    • Hewlett Packard (HPE) stocks surged 2% as Wells Fargo notes that they could benefit from divestitures.

    Monday, March 14, 2016

    Today's Stock Market (2016.03.14)

    Daily Analysis
    Dow, Nasdaq, and S&P by closing time (5:16pm ET)
    Dow and Nasdaq throughout trading hours (4:40pm ET)

    • Dow and Nasdaq barely finished higher than last time, and S&P finished lower than last time.
      • All three indexes were very unstable throughout the day today, going through couple small crashes.
    • Oil price drops to $37 per barrel
      • $37.31 per barrel (7:33pm ET)
    International Economy
    • Latest oil market data revealed that Saudi Arabia and Russia pumped out more oil despite the the talk about limiting oil supplies. 
      • Other countries like Iran are also pumping up more oil now.
    • As China's economy continues to slow down, the global shipping industry was also hit hard due to these concerns.
    • Iranian government stated that they are not concerned about U.S. oil companies pumping out more oil from their country; Iran is facing a huge rebound following its important nuclear deal with global powers.
    Individual Analysis
    • Tesla (TSLA)'s stock surged 3.69% as their company ratings from RW Baird is upgraded from neutral to outperforming.
    • Starwood Hotels & Resorts (HOT) rose 7.82% as Chinese insurance group Anbang made a $12.8 billion non binding cash offer for them.
    • Energy stock shares are plunging as the future for oil price seems to be dark. Southwestern Energy (SWN) stock shares dropped 6.75% today, and Chesapeake Energy (CHK) plunged 6.81% today.

    Wednesday, March 9, 2016

    Today's Stock Market (2016.03.09)

    Daily Analysis
    Dow, Nasdaq, and S&P by closing time (5:16pm ET)
    Dow and Nasdaq throughout the day (5:16pm ET)

    • All three indexes closed higher than yesterday.
      • However, it was very unstable and inconsistent throughout the trading hours; the indexes went through multiple crashes and sudden uprisings.
    • Oil price continued to remain over $38 per barrel and didn't drop.
      • $38.21 per barrel (6:02pm ET)
    International Market
    • Oil prices have rebounded around 42% for the past three weeks; it has recovered to over $37 per barrel since it hit $26 a barrel on February 11th. As an effect of this rebound, the stock markets also showed an incredible recovery.
      • However, the future is still unclear; many influential investment banks like Goldman Sachs are saying that the oil prices should maintain the low prices in order to finish the re-balancing process.
    • America's stock market has been bullish for 7 years straight. However, the future of market does not seem that great. The growth of market has greatly slowed down since 2016, and the plunge in the beginning of the year shows it.
    Individual Analysis
    • As oil price continues to rebound back, energy stocks are experiencing great incline in their share prices. Chevron (CVX) has experienced an 4.6% increase in share prices today, and Devon Energy Corp (DVN) has increased 6.8% today.
    • Chipotle (CMG) stocks plunged 3.44% today as they had to shut down a store in Massachusetts because 4 employees got sick. 
    • As oil prices rebound, alternative energy industry is also inclining. Tesla Motors (TSLA) has experienced an 3.02% increase today and increased over 10% in total for the past five days.

    Monday, March 7, 2016

    Today's Stock Market (2016.03.07)

    Daily Analysis
    Dow, Nasdaq, and S&P by closing time (5:16pm ET)
    Dow and Nasdaq during trading hours (4:33pm ET)
    • Dow and S&P closed slightly higher than yesterday, but Nasdaq closed lower than yesterday
      • Throughout the day the market was very inconsistent; indexes faced an major crash slightly after the middle of the day, but it managed to recover back.
    • Oil prices are continuing to recover; it reached more than $37 per barrel today.
      • $37.81 per barrel (2:45pm ET)
    International Market
    • As overall stock markets including U.S. and China went unstable and oil prices continued plunging in 2016, gold, which is considered as a safe deposit, is rising. Gold has rose over 20% so far this year.
    • Although Brazil is facing its worst economic crisis this year, their stock market is showing great progress among other international markets. Brazil's market index, Bovespa, has rose 14.1% so far this year. Not only Brazil, but its neighbor, Argentina, also has a great market. Argentina's market index has rose 14.7% so far this year.
    • The Chinese government has set an economic growth target range of 6.5~7%. This is the first time since 1995 that Beijing has announced an economic growth target range. China's economic growth has decelerated, and its pace is slowest in 25 years.
    Individual Analysis
    • Tech stocks aren't doing well today; Netflix (NFLX) failed to continue its incline since last Friday and experienced a major crash that was more than 6%. Not only that, but both Amazon (AMZN) and Facebook (FB)'s stock also experienced a decline of 3%.
    • Tesla (TSLA)'s stocks are finally rising back from the dead with oil prices going up. The company's stock experienced an 2.38% incline today (3:12pm ET), and it has experienced an rise of 7.37% for the last 5 days.
    • As oil price continues to rise back, oil related companies are experiencing a huge incline in share prices. Chevron (CVX) has rose 2.57% (3:14pm ET) today, and it rose 8% for the past 5 days. Exxon Mobil (XOM) has rose 2.15% (3:16pm ET) today.

    Friday, March 4, 2016

    Today's Stock Market (2016.03.04)

    Daily Analysis
    Dow, Nasdaq, and S&P by closing time (4:00pm ET)
    Dow and Nasdaq throughout the day (4:00pm ET)
    • All three indexes closed higher than yesterday, but they were little unstable but most of the time consistent throughout the trading hours
      • As Oil price continues to recover, stocks are also starting to recover.
    • Oil price rose and went over $35 per barrel
      • $36.33 per barrel (5:00pm ET)
    International Economy
    • Europe is back in deflation, and their business and consumer confidence is sagging. To make matters worse, due to the refugee crisis, they are bringing back border controls, which may cost around $20 Billion per year if fully reintroduced.
    • European Euro's value is crashing; Euro is now trading $1.09 per 1 Euro, which is lower than $1.13 of February. 
    • Greek banks are plunging as their new government decides to challenge bailout and abandon their commitments to international lenders.
    Individual Analysis
    • Hewlett Packard (HPE) surged 13.79% today as they report better earnings than expected. The company reported earnings of $0.41 per share, which far passed the estimate of $0.39 per share. Their revenue was also outstanding.
    • Chesapeake Energy (CHK)'s stock surged 20.37% today, and it has surged 89.63 percent for the past 5 days. Their stock surged today because they received immunity from prosecution in the case against their former CEO Aubry McClendon, who died of a car accident at 03.02.2016.
    • The oil/energy industry overall is experiencing a huge incline in their shares as the oil price continued to rose today. Marathon Oil Corp (MRO) surged 8.73%, and Chesapeake Energy (CHK)'s stock also surged 20.37%.
    • Netflix (NFLX) stocks surged as their famous original show, "House of Cards", started their new season.

    Thursday, March 3, 2016

    Today's Stock Market (2016.03.03)

    Daily Analysis
    Dow, Nasdaq, and S&P by closing time (5:16pm ET)
    Dow and Nasdaq throughout the day (5:16pm ET)

    • Continuing from yesterday, all three indexes remain unstable throughout the day.
      • However, after a small crash in the middle of the day, the indexes steadily recovered and managed to finish higher than yesterday.
    • Oil prices continue to remain over $34 per barrel
      • $34.70 per barrel (6:44pm ET)
    International Market
    • Brazil is suffering major economic crash; their data indicated that their economy shrank 3.8% in 2015. This is the biggest annual drop since 1990 and the country is in its longest recession since the 1930s.
    • Although Goldman Sachs and IMF warned Britain about leaving the E.U., more than 200 small businesses called on their government to leave E.U.
    • Zimbabwe has shut down all of their Diamond mines. They are trying to regain control of their diamond mines. However, companies are protesting against this decision and they are going to court to stop or at least negotiate about this problem.
    Individual Analysis
    • Chipotle (CMG)'s stock has finally stopped falling since the outbreak of E.Coli bacteria within their food. However, their stock prices are still lower than their all time high since last summer.
    • Amazon (AMZN)'s price is recovering back from their major crash. Their stocks surged 4.8% at Tuesday, and it continued to secure their price.
    • IBM (IBM)'s stock also continued to surge since Tuesday. Their stocks closed 1.1% higher than yesterday.

    Wednesday, March 2, 2016

    Today's Stock Market (2016.03.02)

    Overall Analysis
    Dow, Nasdaq, and S&P by closing time (5:16pm ET)
    Dow and Nasdaq throughout trading hours (5:16pm ET)
    • Dow and Nasdaq closed with higher points than yesterday, and S&P closed the same as yesterday
      • Unlike yesterday, all three indexes were very unstable throughout the trading hours
      • Dow and Nasdaq managed to finish higher than yesterday
    • Oil price continued to rise over $34 per barrel
      • $34.74 per barrel (11:43pm ET)
    International market
    • Saudi Arabia is trying to take over the oil market of China, which was Iran's biggest oil market.
    • Asian stocks surged today; Japan's Nikkei (N225) rose 4% today, and China's Shanghai Composite (SHCOMP) jumped 4.3%, continuing the global up rise following the U.S.' standout day yesterday.
    • China's credit ranking is close to dropping down a rank; agency Moody's cut the outlook on China's credit ranking because of its rising debt levels
    Individual Analysis
    • Tesla (TSLA) has plunged 3% since yesterday despite it was a great day for all markets; this is because it has become a target among wall street's most prominent short sellers.
    • Due to the continuation of low oil prices, Exxon Mobil (XON), the biggest oil company in America, has slashed its capital budget by $20 billion since its peak in 2013.

    Tuesday, March 1, 2016

    Today's Stock Market (2016.03.01)

    Daily Analysis
    Dow, Nasdaq, and S&P by closing time (5:16pm ET)
    Dow and Nasdaq throughout the day (5:16pm ET)

    • All three indexes increased drastically compared to yesterday
      • Throughout the trading hours, all three indexes increased consistently without any sudden crashes
        • Dow popped 349 points today, making its second best day of the year
        • Nasdaq had its best day of 2016 with a 2.9% gain
      • This is because it was Super Tuesday (13 states voted for their favorite presidential nominee) today
    • Oil price rises up to $34 per barrel
      • $34.05 per barrel (11:03pm ET)
    International economy
    • China's economy is continuing to show signs of decline, but investors aren't really caring as the U.S. market started to recover today
    • Oil has finally stopped crashing; the oil price had a incredible spike of 32% as it climbed backed to $34 per barrel.
      • OPEC and other producers like Russia has agreed to a tentative deal on 2/17 to freeze output.
    Individual Analysis
    • Lego, the famous block toy maker, has posted a 25% jump in revenue and 31% rise in net profits in 2015 due to the new Star Wars series and other products.
    • Rolce Royce has unveiled their new lineup of Ghost and Wraith. Both cars have a new design which are targeted towards the younger rich people.

    Wednesday, February 24, 2016

    Today's Stock Market (2016.02.24)

    Daily Analysis
    Dow, Nasdaq, and S&P by closing time (5:16pm ET)
    Dow and Nasdaq during trading hours (5:16pm ET)

    • All three indexes recovered from yesterday's downfall
      • Not only recovering but they actually ended slightly higher than yesterday
      • All three indexes briefly crashed in the beginning, continuing yesterday's crash.
      • However, it rose after a short time
    • Oil prices slightly increased, but still sits around $30
      • $32.23 per barrel (6:50pm ET)
    International market
    • Although Dow had recovered slightly today, that doesn't mean that the market and oil price is stable right now. Before the oil price rebounded above $32 per barrel, Dow had dropped 267 points. Not only Dow, but other international markets were greatly affected by the unstable oil price right now.
    • The chief of IMF, or International Monetary Fund, has warned Britain about Brexit, and said that they should stay in the E.U., or both of them will suffer.
    • The shale oil industry of America is greatly suffering due to the low oil price. Saudi Arabia had aggressively pumped out oil to push down prices far lower than what American companies need to survive.
    Individual Analysis
    • Apple (AAPL)'s stock is down 10% this year and it is 30% below its all time high which was last April. Apple is likely to report a decline on their sale for this quarter, which is worse for them.
    • First Solar (FSLR)'s stock rose 12.4% during the trading hours today. This was after their quarter report, which showed satisfying results.
    • Many energy related companies were the winning stocks for today as oil rebounded to $32 per barrel. Chesapeake Energy (CHK) rose 22.83% during the trading hours, and Williams Companies inc (WMB) has rose 6.60% during the trading hours.

    Monday, February 22, 2016

    Today's Stock Market (2016.02.22)

    Daily Analysis
    Dow, Nasdaq, and S&P by closing time (5:16pm ET) 
    Dow and Nasdaq throughout trading day (5:16pm ET)

    • All three indexes inclined consistently throughout the day
      • Dow soared up 200 points today morning, continuing the winning streak from last week.
    • Oil price slightly rises over $30 per barrel
      • $31.48 per barrel (6:08pm ET)
    International Market 
    • It turns out that even OPEC had not expected the plunge in oil price that occurred recently. This has squeezed investment in the industry to the weakest levels in 30 years.
      • Capital expenditure on global oil exploration is expected to fall 17% in 2016, following the 24% drop in 2015.
    • Puerto Rican government has announced its 2nd default in history around January; Puerto Rica owes $73 billion in debt and they owe $1billion to their creditors. The crisis has not been solved, and people are still waiting to get their money back.
    Individual Analysis
    • Amazon (AMZN) has experienced a 4.6% growth during trading hours as market soared today. It may be a good idea to buy Amazon's stock, considering that they are very steady and they are starting to recover from last month's plunge.
    • Tesla (TSLA) has also experienced a 6.7% growth during trading hours. Due to today's rise, Tesla's stock has rose over 25% since it hit its low on 02.09.2016
    • Alcoa (AA), an company that engineers lightweight metals such as aluminum, titanium, and nickel, has surged over 13% during the trading hours as Aluminum prices also rose today.

    Friday, February 19, 2016

    Today's Stock Market (2016.02.19)

    Daily Analysis
    Dow, Nasdaq, and S&P by closing time (4:01pm ET)

    Dow and Nasdaq during trading hours (4:07pm ET)

    • Dow dropped from yesterday, S&P ended around the same from yesterday, and Nasdaq finished higher than yesterday
      • All three indexes experienced a crash in the opening time
      • Dow couldn't recover from the crash, Nasdaq recovered, and S&P came back to before.
    • Oil price dropped below $30 per barrel
      • $29.81 per barrel (3:40pm ET)
    International Market
    • As the oil price keeps declining, Standard and Poor's downgraded 5 oil producing countries including Saudi Arabia, Oman, Bahrain, Brazil, and Kazakhstan.
    • Not only the five countries listed, but other countries that rely on oil are having hard times. Columbia had its credit outlook cut to negative, which means that the agency expects downgrade.
    • Britain is currently debating about the British Exit or "Brexit" issue, which means that Britain should leave E.U. now. While David Cameron, prime minister of U.K. and other E.U. countries are trying to make Britain stay in E.U., his opponents are arguing him that U.K should leave E.U. 
    Individual Analysis
    • Uber, a taxi company, has said that they are losing $1 Billion a year in China, due to the competition with another taxi app named Didi Kuaidi.
    • Kinder Morgan (KMI) has dropped 2.91% during the trading day. Kinder Morgan has experienced a jump in their stock price at 02.17.2016 as Warren Buffett announced that he has bought a huge amount of their stocks.
    • Amazon (AMZN) stocks rose 1.89% as they announced that they acquired the North American rights to Woody Allen’s next film, due for release this summer.

    Thursday, February 18, 2016

    Today's stock market (2016.02.18)

    Daily analysis
    Dow, Nasdaq, and S&P by closing time (5:16pm ET)
    Dow and Nasdaq graph during trading hours (5:16pm ET)

    • All three indexes saw slight drop through the day
    • All three indexes have similar rise and fall, but compared to Dow, Nasdaq and S&P was more inconsistent and changing.
    • Oil price stays over $30 per barrel, but there is no sign of oil price recovering
      • $30.52 per barrel (6:34pm ET)
    International Economy
    • Congress is raising objection to the Chinese company's plan to buy Chicago stock exchange. 45 members signed to a letter that was sent to the U.S. treasury department, and the letter stated that lawmakers called for a "full and rigorous investigation" into the proposed sale, and the intention of Chinese government is unclear.
    • Five employees of ICBC (IDCBY), the biggest bank in China, were arrested in Spain on suspicion of laundering money across Europe.
    • As oil prices stay depressed, production in Canada is beginning to drop: 'The oil sands are making no money on any barrels being produced.' That means layoffs, equipment auctions and cities like Calgary rethinking its energy strategy.
    Individual Analysis
    • NVIDIA (NVDA), a company that manufactures Graphic chips for individual computers, has soared 9% after releasing their quarter report. The report posted revenue growth of 12%, and adjusted earnings-per-share gains of 21%, both of which were better than investors had expected. 
    • IBM (IBM) stocks has rose 5% during the day, making IBM Dow's biggest percentage point gainer. IBM shares have received an upgrade from Morgan Stanley's analyst, and also made a deal to buy Truven Health Analytics.